Mike Ashley’s Frasers Says It’s Taken Control of Hugo Boss
The British retail group has pushed its stake in the German apparel brand above 50 percent in a move that will turn Hugo Boss into a subsidiary of Frasers.
Tim's Take
Creative Class
David Bailey, Immortal
A new exhibition aims to prove Bailey’s claim to everlasting impact rests on more than his portraits from Sixties London, writes Tim Blanks.
Luxury
Hello, Goodbye: Maria Grazia Chiuri’s Next Chapter
If there was ‘beautiful confusion’ in the mix of cruise and couture the powerhouse designer paraded in Rome on Tuesday night, the standing ovation at the end of the show left little doubt she was saying goodbye to Dior after a transformational near-decade tenure and hello to her next act, resurrecting the storied Teatro della Cometa.
Creative Class
Fashion’s World-Builder-in-Chief
Niklas Bildstein Zaar’s knack for designing immersive experiences has made him a go-to collaborator for the likes of Demna, Haider Ackermann, Anne Imhof and Travis Scott.
Luxury
Marine Serre: From Radical to Pragmatist
Serre, who grew sales by 20 percent in 2023, has been named Pitti Uomo’s next guest designer. She’s using the opportunity to show her men’s collection for the first time.
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Fashion Week
Paris Fashion Week Says ‘So Long, Farewell’ With Chanel, Miu Miu and Louis Vuitton
Megabrands duke it out, but Miuccia Prada wins the day, writes Tim Blanks.
Fashion Week
In Paris, Comme and Its Children
A handful of the most interesting designers showing at Paris Fashion Week owe a debt to Comme des Garçons founder Rei Kawakubo, writes Tim Blanks.
Fashion Week
Creativity Is the New Luxury at Balenciaga
But the surging energy of the show ended in a strange, suspended moment, writes Tim Blanks.
Fashion Week
Seán McGirr’s Debut for McQueen: Anticipation and Controversy
Seán McGirr’s Debut for McQueen: Anticipation and Controversy
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Fashion Week
Bringing It on Home With Rick Owens and Loewe
But domestic bliss takes on more complex shadings when viewed through designer eyes, writes Tim Blanks.
Fashion Week
Chemena Kamali Debuts at Chloé
Over the past 20 years, Chemena Kamali has worked for two creative directors at the brand. Now she gets her chance to shape it, writes Tim Blanks.
Fashion Week
Making the Ordinary Extraordinary in Paris
Jun Takahashi, Dries Van Noten and Nicolas Di Felice make it impossible to see the everyday in the same way ever again.
Marketing
Lucien Pagès, the PR Prince of Paris
What does it take to be fashion’s favourite public relations guy? The man who weaves stories for the likes of Saint Laurent and Schiaparelli has become a story himself.
The News in Brief
Shein Agrees to Pay $100 Million to Settle US FTC Probe
The settlement, equivalent to 44 percent of the ultra fast-fashion company’s second-quarter profit, is the latest blow amid regulatory and tax crackdowns in Europe and the US that have hampered Shein’s growth.
Kering Drops 12% as Luxury Braces for Tough Winter
The recovery long promised by luxury brands seems nowhere in sight, as the expansion of war in the Middle East, along with China’s tax crackdown on the wealthy, piled further pressure on the world’s biggest luxury conglomerates in the third quarter, and executives buckled in for a tough winter.
UK Retail Sales Fall 0.4% in September, More Than Forecast
Sales fell in September as above-average temperatures hit demand for autumn clothing.
Elle Launches Moroccan Edition
Hitting newsstands in October, the magazine marks Elle’s 51st international edition, published under licence by the Geomedia group.
David’s Bridal Plans Spinoff and IPO of AI Wedding Planning Platform Pearl
Pearl, a subsidiary of David’s Bridal, will own David’s Bridal and license its intellectual property back to the bridalwear brand. David’s Bridal CEO Kelly Cook will serve as Pearl’s CEO.
L’Oréal Sales Beat Expectations as Premium Products Surge
The French giant handily beat expectations on strong demand for hair products at salons and premium skincare from its dermatological division.
P&G Beats Revenue Estimates, Flags Bigger Hit to Annual Profit
The maker of Pantene shampoo was helped by strong personal care demand, but expects higher commodity costs to reduce profit by about $1.4 billion this year.